Question
A certain amount invested at 16% p.a. compound interest, compounded annually, grows to Rs. 6969.6 in 18 months. What will be the simple interest earned if the same amount is invested at the same rate for 4 years?
More Simple and compound interest Questions
- Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 2040 as i...
- A man invests a sum of (6000 + 200x) rupees at 10% p.a. simple interest for 2 years. If he had invested the same sum at 12% p.a. simple interest for 2 year...
- Simple interest on a sum at 8% per annum for 3 years is Rs. 1920. What is the principal?
- A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest ca...
- A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x – 44...
- A bank pays simple interest at 4% per annum on the first Rs.5500 and an interest of 6% for amounts above that. Find the interest earned by Sameera if she d...
- If the difference in interest between two banks on Rs 500 for 2 years is 12.50 then what will be the difference in their rates?
- On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
- A sum of Rs. 6000 at a certain rate of interest in simple interest for six years is amounted to Rs. 11400. If the same sum of money at same rate of interes...
- The simple interest on Rs. 1000 at R% per annum for 2 years is Rs. 160. Calculate the interest on Rs. 1400 at (R + 6)% per annum in 2 years.
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)